Whether you're a seasoned manager, a first-time investor, or a small business owner, you need a grasp of basic accounting when making crucial business decisions. With Accounting For Dummies at your fingertips, you'll find expert techniques and advice, so you'll be crunching numbers and maintaining budgets with ease!

Inside, you'll discover how to Understand income statements, balance sheets, and cash flow Identify the financial strengths and weaknesses of your business Apply proven management accounting techniques to establish a budget, control profit and cash flow, stem losses, manage inventory, and more Assess your profit margin and find out how you can make more money Make wise financial decisions that will keep your investors, creditors, and managers satisfied Read and understand every aspect of financial reports Survive an audit and use the results to improve your current accounting system Weigh the pros and cons of using "creative" accounting methods Use the latest computer technology to manage the bottom line